Stellar USDC and FinClusiveCap’s new stablecoin-focused banking partnership makes it possible for businesses to access and leverage digital currency instantly while staying compliant.  Together, USDC and FinClusiveCap’s are creating solutions to facilitate the future of banking.

All the products that were offered in the banking sector through traditional financial institutions are now formatted on new technologies, thus improving upon the products.

The new stablecoin-focused banking partnership will be making it possible for businesses to access and leverage digital currency instantly and at the same time staying compliant.

They are now facilitating compliance-as-a-service (CaaS) and Accounts and Payments (A&P) thus improving confidence among market participants when it comes to operationalizing crypto-based transactions, thus setting the stage for further innovations.

FinClusive is integrating numerous applications to make it possible for customers to make payments with USDC; however, it also covers for the Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, which is related to transactions with and between other anchors and fintech companies who are looking to connect and interact within Stellar in a regulatory-compliant way.

The integration of FinClusive improves the opportunities for financial inclusion.  The financial ecosystem is continually evolving.  Compliance is important to protect consumers, their businesses, and financial activities in a way to ensure integrity of the financial ecosystem.

Stellar has to state:  “By offering CaaS and A and P services, FinClusive empowers both traditional financial institutions and crypto exchanges, non-bank financial institutions, peer-to-peer, and other service operators to provide services to those underserved or excluded from the financial system.”

Businesses will thus be able to deal with regulatory challenges in full confidence and they will be operating in compliance with global standards which focus on combating illicit finance which at the same time safely storing and moving value.

FinClusive are excited about improved stability and security which will improve financial inclusion further.

The developer community are doing their best to design, build, and implement tools and services.

Meanwhile, the Stellar community in the WOCBlockchain National Briefing discussed the crypto economy and how it can help small businesses with 6 members of Congress and a delegation of 60+ blockchain leaders.

Day 1 of the WOCBlockchain Briefing: Today, we discussed how blockchain can help small businesses accept payments, reduce fees, and store value with the need to continue working towards more regulatory clarity.

The community feels that WOCBlockchain are discussing exactly the type of moves the blockchain community needs to do, i.e., by working with members of the national governments.